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Shares of ATRO Down 70.8% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Astronics Corp (NASDAQ:ATRO) on December 30th, 2019 at $28.18. In approximately 3 months, Astronics Corp has returned 70.79% as of today's recent price of $8.23.

In the past 52 weeks, shares of Astronics Corp have traded between a low of $6.99 and a high of $44.34 and are now at $8.23, which is 18% above that low price. The 200-day and 50-day moving averages have moved 1.73% lower and 5.42% lower over the past week, respectively.

Astronics Corporation designs, manufactures, and markets specialized lighting, control systems, and electronics for the cockpit, cabin, and exteriors of military, commercial jet, and general aviation aircraft.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Astronics Corp.

Log in and add Astronics Corp (ATRO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights astronics corp

Ticker(s): ATRO